Vehicle exteriors are also made of plasticsSouth Korea’s LG Chem said on Jan. 10 that it had started supplying engineering plastics to Japan’s Mitsubishi Motors for the powder coating parts of the latter’s vehicles.LG Chem said that the coating parts would be used for the front fender, which protect
Korean chemical giant expands biz horizonSouth Korea’s LG Chem announced on Oct. 18 that it would spend $566 million to acquire AVEO Oncology, a biopharmaceutical company based in the United States.LG Chem noted that its life sciences division would create a synergy effect in clinical, biologics man
Korean chemical giant joins hands with ADM of the U.S.LG Chem, South Korea’s largest chemical company, announced this week that it had signed an agreement with ADM from the United States to cooperate in churning out plant-based bioplastics.Under the agreement, they will set up two joint ventures of
Two companies reach long-term supply agreementLG Chem, South Korea’s largest chemical company, announced on July 27 that it had reached an agreement for a long-term supply of cathode active material (CAM) to General Motors.LG Chem is set to offer GM almost 1 million tons of CAM, the main elements fo
Korean battery manufacturers warned of punitive damage suitsSouth Korean battery maker Samsung SDI will be subject to a punitive damage suit in the United States this year, and its local rival LG Energy Solutions is also feared to face a similar lawsuit.Bentley & More LLP said in a recent email inte
Chemical giant approaches record high in Korea stock exchangeLG Chem managed to bounce back in the South Korean stock market after struggling a while due to the controversial decision to split off its electric vehicle (EV) battery unit.Late last month, shareholders approved the idea aimed at racking
Chemical giant manages to win shareholders' approvalDespite the opposition of the National Pension Service (NPS), LG Chem managed to win the approval of its shareholders to go ahead with its plan of splitting off its electric car battery unit.On the base of the hard-earned green light, LG Chem is sc